Independence Landing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 308,990 | 40,257 | 268,733 | 80.6 | 0% |
| 2019 | 300,062 | 25,317 | 274,745 | 258.3 | 0% |
| 2020 | 38,212 | 65,734 | −27,522 | 94.5 | 0% |
| 2021 | 212,267 | 47,326 | 164,941 | 173.1 | 0% |
| 2022 | 358,411 | 80,320 | 278,091 | 143.5 | 0% |
In its most recent public year (2022), this organization brought in $278,091 more than it spent. Its reserves stood at about 143.5 months of spending, up from 80.6 in 2018. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Independence Landing Inc's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works